BuzzFeed sells Complex for $108.6 million, will lay off some staff : vimarsana.com

BuzzFeed sells Complex for $108.6 million, will lay off some staff

BuzzFeed has sold Complex Networks to NTWRK, a livestreaming video commerce platform, at a significantly discounted price tag, and it will cut another 16 percent of its remaining staff, the company announced Wednesday. The $108.6 million all-cash deal comes just more than two years since BuzzFeed acquired pop culture media startup Complex in December 2021…

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